US says price increases eased last month but data may be distorted and Americans aren’t feeling it

This post was originally published on this site.

image

#inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; }

#inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; }

WASHINGTON (AP) — At a time when Americans are frustrated and angry over the high cost of living, the government released a report Thursday showing that inflation had cooled unexpectedly in November.

But economists quickly warned that that last month’s numbers were suspect because they’d been delayed and likely distorted by the 43-day federal shutdown. And most Americans have not felt any let up in the high prices they are paying for food, insurance, utilities and other basic necessities.

This page requires Javascript.

Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

#inform-video-player-3 .inform-embed { margin-top: 10px; margin-bottom: 20px; }